Home Posts tagged "eCommerce Tax"
formats

More than 40 States Have Enacted Economic Nexus Legislation to Collect Online Sales Tax from Merchants without Physical Presence

Forty-two states plus the District of Columbia have laws in place, already in effect or scheduled to take effect soon, that increase the collection of online sales tax by defining an Economic Nexus or Sales Nexus based on the number of transactions and/or the dollar value of transactions made by consumers in a given state during

(More)…

 
Comments Off on More than 40 States Have Enacted Economic Nexus Legislation to Collect Online Sales Tax from Merchants without Physical Presence.
formats

Senate Budget Resolution Includes Provisions for Collecting Online Sales Tax

Government leaders claim that the lack of authority for collecting sales tax with many online purchases costs the U.S billions each year, and to address this issue the United States Senate included a measure allowing state and local governments to collect sales tax directly from online purchases as part of their budget resolution. Read More

 
formats

House, Senate Will Hear 3 Online Sales Tax Bills in 2013

In preparation for the upcoming legislative session multiple bills have been drafted that seek to change current tax laws requiring all eCommerce businesses to collect tax at the point of purchase in the United States. Read More

 
formats

Increased Legislation Causing Waves in the Online Landscape

In the United States debit interchange rates will be capped at around 21 cents beginning in October, 2011. Meanwhile, more states explore eCommerce tax revenues as a solution to budget deficits. In the European Union recent amendments to the Consumer Rights Directive improve customer refund and return rights affecting all internet, phone and mail order transactions.

(More)…

 
© The Fraud Practice LLC 2012